Financials
Financial year 2025
MINDQUEST from Kortemark, company number BE0869744956, closed financial year 2025 with a result of € -21,005 after tax. For that financial year MINDQUEST recorded revenue of € 309,342 and equity of € 2,598. Compared with financial year 2024, the result moved from € 12,366 to € -21,005. The company made a loss. The buffer shrank hard: equity is 89 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 15, 2026.
€ 2,598
▼ 89% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -21,005
▼ still € 12,366 profit in 2024
Profit after tax over the fiscal year.
€ 8,524
▲ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -16,002.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 74,993
▲ 5% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 12,606
▼ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,295
▲ 40% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 314,411 | € 333,577 | € 309,342 | ▼ 7% |
| Gross margin | € 78,583 | € 49,802 | € 92,857 | € 63,319 | ▼ 32% |
| Profit after taxes | € 20,107 | € -26,146 | € 12,366 | € -21,005 | ▼ € 33,371 |
| Equity | € 37,384 | € 11,237 | € 23,603 | € 2,598 | ▼ 89% |
| Total debts | € 30,425 | € 40,158 | € 27,208 | € 20,140 | ▼ 26% |
| Cash | € 36,857 | € 24,861 | € 8,074 | € 8,524 | ▲ 6% |
| Retained profit | € 18,784 | € -7,363 | € 5,003 | € -16,002 | ▼ € 21,005 |
| Balance sheet total | € 67,809 | € 59,747 | € 60,129 | € 32,390 | ▼ 46% |
Key figures of MINDQUEST, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MINDQUEST?
What happened at MINDQUEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 21,005 (▼ € 33,371 vs 2024). Source: NBB ↗
- New establishment in Kortemark. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,107 profit in 2022 to € 21,005 loss in 2025.
Paid € 11,028 in corporate taxes since 2022.
Best year ever: 2022, with € 20,107 profit.
Management
Behind MINDQUEST is Alain Knaepen.
Directors
According to the 2025 annual accounts
Alain Knaepen
Director
Establishments
Establishment units
Physical locations of this company
Galgestraat 3
8610 Kortemark
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0869.744.956
- VAT number
- BE 0869.744.956
- Registered office
- Galgestraat 3, 8610 Kortemark
- Names & denominations
- MINDQUEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 October 2004
- Peppol
- Active · Active since 23 Nov 2025
- Contact
- [email protected] 051123280
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